Partying With Abe In Tampa.....

 "What kills a skunk is the publicity it gives itself."
                            - Abraham Lincoln

Take a whiff...


"For example, there is no hard-and-true formula about proper asset diversification.  Today, if an examiner looks at a credit union's books and sees too many mortgages with only a three percent down payment or inappropriately large mortgages, he or she [NCUA] will warn of over-concentration in the exam report.  If, however, a credit union appealed this finding to an administrative law judge as allowed under the bill, NCUA could not point to the violation of a specific regulation, other than citing the fact that over-concentration is an unsafe and unsound practice."
                                      David M. Marquis, Exec. Director, NCUA
                                          - Written Testimony, Hearing on H.R. 3461

                                                  House Financial Services Committee

                                                                                                                           February 1, 2012

Folks we may have a little abuse of power problem developing here.....

Welcome To Tampa... looking for a smaller, more effective government ???